The accounts of major Bitcoin exchanges in India has been suspended by the Indian Government Top Banks such as State Bank of India, Axis Bank, HDFC Bank, ICICI Bank and Yes Bank have suspended accounts of major bitcoin exchanges, suspecting doubtful transaction. The banks have likewise looked for an …

Cryptocurrency Exchange BENGALURU: Cryptocurrency exchange in India have a tremendous backlog of potential clients sitting tight to be verified for registration. Holding up periods have gone up from seven days to 20 days. The costs of digital currencies like Bitcoin, Ripple, and Litecoin have surged over the previous year, urging many …

Bitcoin Regulation India Bitcoin is growing in India and the top trading platforms in India such as Zebpay, Coinsecure, Unocoin, and Bitxoxo have seen fantastic trade volumes and exchange sign-ups. Anyhow, in the middle of the bitcoin fever takin place in the country, the Income Tax Department of India (ITDI) has been investigating exchanges …

Bitcoin News Investigators from the Income Tax Department of India has conducted onsite searches at the offices of the country’s top nine bitcoin exchanges on Wednesday morning. Government officers told the Indian news agency PTI that multiple teams of detectives from the tax department, under the order of the Bengaluru investigation …

When the government hesitates over the policy decisions, courts will be required to provide the guidance often. An appeal asking the government to act on the Bitcoin has been landed in India’s Supreme Court. Public’s Interest in Legal Action When the government hesitates over the policy decisions, courts will be required to …